Established High End Estate / Retreat Vacation Rental on 5+ Acres w / 150 feet of Private No Bank, Puget Sound Gem's, Hood Canal Waterfront, Poulsbo, WA.

$1,995,000
7
5
7,000
sq. ft.
$285
per sq ft
Heated sq ft: 5,000 sq ft
Avg Nightly Rate: $849
Home Legally Sleeps: 16
Occupancy Rate: 25 weeks
Annual Gross Income : 150000
Annual Net Operating Income : 110000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Couples/Romance, Golf, Mountain, Nature, Weddings or Family Reunions
New Construction: Yes
Days on Vrolio: 953

Property Description

*****HIGHLY SUCCESSFUL, ESTABLISHED, HIGH INCOME, INCOME PRODUCING, SHORT TERM RENTAL ESTATE / RETREAT STYLED HOME ON 5.4 ACRES WITH 150' OF NO BANK, HOOD CANAL WATERFRONT IN POULSBO, NORTH KITSAP PENINSULA***** *** CHECK OUT OUR AMAZING SITE AT: www.hoodcanalgrandcottage.com at Homeaway @ www.vrbo.com/222584 *Ferry Travel Times: North Seattle 15 minutes, Downtown Seattle 25 Minutes. *Direct Car Travel Time Via Tacoma Narrows Bridge = 75 Minutes, Door to Door From Seattle - Tacoma International Airport *75 Minutes to Port Angels / Victoria Canada Ferry Crossing (Amazing 90 Minute Crossing) ***FIFTH YEAR OF SUCCESSFUL, HIGH END, VACATION RENTAL HISTORY. 2018 EARNINGS YIELDED OVER $150,000 AND GROWING ANNUALLY*** *CURRENT LOCAL OWNER / OPERATORS WITH 11 YEARS OF VACATION RENTAL BUSINESS EXPERIENCE TO INCLUDE TRANSITIONAL CONSULTATION FOR NEW OWNER MANAGEMENT, OPERATIONS & SERVICES. *CURRENTLY 40% BOOKED FOR UPCOMING, 2020 SEASON WITH ALL MONTHLY RECEIVABLES GOING DIRECTLY TO NEW OWNERSHIP *FULLY FURNISHED & READY FOR NEW OWNERSHIP TO TAKE ADVANTAGE OF BUILT IN, MONTHLY, REVENUES FOR CURRENT AND FUTURE RENTAL RESERVATIONS. *TURN KEY WITH LOCAL HOUSEKEEPING, MAINTENANCE & GROUND MAINTENANCE STAFFING. *SERIOUS INQUIRIES ONLY. **Our Seventy Two, (72), *****, Five Star, Traveler's Reviews, from our guest's who have enjoyed this incredible property and setting from all over the country, really tell the story for this wonderful custom, family, vacation retreat home, located on the North End of Hood Canal, Near the Historic Norwegian, Waterfront Town of Poulsbo, Washington, know as 'Little Norway on the Fjord'. Create a memorable vacation or weekend in this beautiful, 4400 sq. ft. home & detached, studio suite providing a combined 5000 square feet of premier living space. There are 3 large "En Suite" -style bedrooms, with 2 Additional bedrooms with unique details, and Hood Canal views. Our newly finished, detached Studio Suite provides 450 sq. ft. of private living space with a full bath, kitchenette with sitting area, One each king & queen Beds and full size pull out couch, all with a great view of Hood Canal as well. The upper floor "En Suites" amenities include access to the large, 60' long, entertainment deck, over sized full bathrooms with jetted soak tubs, queen sized beds with new plush pillow-top mattresses, cable TV, DVD/VCR players with each having large, Private Gas Fireplaces. Adjacent to both En Suites is a large entertainment / media room with 7.1 surround sound media system, fireplace and access to the large entertainment sun deck. The two Optional Bedroom Suites, have queen-sized beds, a their own private, gas, fireplaces, all with a great views of the Hood Canal. Enjoy the comfort of the main floor, Master Suite, with a king-size bed, its own sitting area, Custom Gas Fireplace, Spacious Master Bathroom with private, heated, jetted soak tub, a walk in Double Shower, and Double Vanities, and separate outside entry and view. Enjoy the warm fireplace in the formal sitting room downstairs. A cozy room for conversation or reading. Perfect for family gatherings, is the open Great Room, which has an inviting river rock fireplace, leather sofas, flat screen TV, and 5.1 surround sound system. This opens into a large gourmet kitchen, with eating bar, granite countertops, S/S appliances, a 6-burner gas stovetop and range , custom cabinetry, a separate butlers pantry, and walk-in pantry. The dining/nook area in the Great room is a good place to just sit and enjoy beautiful Hood Canal, and Mt. Baker views. From the Great room step out through double glass French doors onto two separate, 60' covered porches with outdoor seating, Outdoor Grill, with custom, built-in Stereo System. The custom landscaped grounds consist of flower beds displaying plantings local and native to our area, and a extra large, beautifully, manicured, front lawn, all on 5.4 Acres for an abundance of outdoor activities for all ages . The courtyard grounds in the back of the estate home are great for outdoor gatherings, a private game of Bocce or for gathering up the great outdoor atmosphere. The landscaping and grounds include small ponds, shrubbery, blooming trees, hydrangeas, spring and summer blooming flowers. The best demographic, feature of this incredible property is the access to 150' sandy, no-bank, beach and waterfront. This beach is a quite, peaceful place. Take a walk along the shore at low tide and enjoy great sunsets, and beautiful views of the Olympic Mountains. The beach is equipped with a wonderful firepit, that allows guests to have a hot dog / marshmellow roast, or relax and enjoy a fireside beverage while taking in the amazing landscapes of the Olympic Mountains, and the Unique Hood Canal waterways. Beachcombing is abundant where you will find and explore all the different shellfish and aquatic characteristics that are part of the Hood Canal's water estuary. Kayaking and abundant, watercraft recreation is also available from several recreation sites nearby. King size beds: 2 - King Master Suite 1st floor Plus 1 in Upstairs Bedroom. Queen size Beds (3): 3- Queen bed in each of the other three bedrooms . (Base Rate for House for 10 guests). One Each King and Queen setup in Detached Upstairs Studio Suite. Twin or Single Beds (1) 1- twin bed added if needed for certain sleeping arrangements, and/or 1- twin blow-up for quests sleeping as a single (Maximum capacity in house and Studio Suite = 16 total guests. *SEASONAL PRICING RANGES FROM $1049 / NIGHT FOR PRIME SEASON TO $749 / NIGHT OFFSEASON , PLUS $195 / NIGHT FOR DETACHED STUDIO SUITE

Presented by:
Owner:
ernie large'
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 1049
Low: 749
Peak: 1149
Special Event: 2500
Avarage: 849.00
Furniture Age
9
Est Value of Furnishings
$60,000
Peak & High Seasons
May, June, July, August, September, October, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Eleven years as owner operators has resulted in creating the top producer for short term rentals on Kitsap Peninsula. Semi Retiring and putting our interests in working with our highly talented Adult children.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
150000
Net Operating Income
110000
Stories
2
Additional Indoor Rooms
Detached Garage for No car, Detached In Law Suite, Family Room, Formal Dining Room, Game Room, Home Office/Den, Living Room, Master Suite Down, Mud Room, Multiple Master Suites, Theater/Media room, Other
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Gas appliances, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central Heat (gas or electric), Electric or Gas Firelace, Wall Unit Heat, Other
Floor Coverings
Real Hardwood, Tile
Security
Yes
Security Description
Motion / Security for interior and exterior
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Advanced House Framing, Attic air barriers, Double pane-low emissivity windows, Duct Sealing, Energy Efficient Insulation, Energy Star appliances, Energy Star certified windows, Energy efficient lighting, Programmable thermostat, Tankless water heater
Year built
2008
Outdoor Features
Courtyard, Deck, Detached Garage, Fenced/Gated Yard, Fire Pit, Porch - Not screened, Walking Trail, Walk Out Balcony, Other
View
Beach, Intercoastal, Mountain, Valley, Wooded Area, Other
Backyard Exposure
South
Lot Size
Five Plus Acres, Approximately 155 feet in width with 150 plus feet of No Bank Hood Canal Waterfront
Community Features
Bar, Basketball Court, Bike Rentals, Clubhouse, Community Dock, Driving Range, Golf Shop, Marina, Media/Business Center, Nature Trails/Walking Path, Not Located Inside Community, Public Golf Course, Reception, Restaurant(s), Stores, Sundries Shop/Convenience Store, Tennis Court, Theater
Tax Amount/Year
$15,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bar, Basketball Court, Bike Rentals, Clubhouse, Community Dock, Driving Range, Golf Shop, Marina, Media/Business Center, Nature Trails/Walking Path, Not Located Inside Community, Public Golf Course, Reception, Restaurant(s), Stores, Sundries Shop/Convenience Store, Tennis Court, Theater
Mandatory HOA
Inquire
Home Legally Sleeps:
16
Onsite Parking
300 foot long driveway approaches the main estate / retreat home with 2 plus and 3 plus acres to the north and south of the private drive entrance creates parking for dozens of vehicles.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$10.80
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
25
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, Private website, Existing database of guests, Professional photos, Professional video, Social media profiles, VRBO and/or Homeaway profile
Manager Cancellation Policy
 
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Credit Card Fee
$2.70
Cleaning Fee
$400.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$800.00
Yard & Pest Control (Annual)
$1,500.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$2,674.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$1,600.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$15,000.00
Homeowner's Insurance (Annual)
$2,100.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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